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| A pictur of globe showing the shift in the new versus perivious world |
The world as we’ve known it for decades is ending. And the scary part? We don’t know what comes next.
For Pakistan, this uncertainty is more than just unsettling. Our economy has always been tied to the global order which is relying heavily on international financial institutions like the IMF and World Bank to stay afloat during crisis after crisis. But that global system is under serious threat.
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| Headquarter of World Bank and IMF in NewYork City image by routers |
Today, the US-China trade war is escalating fast. Tariffs are being slapped back and forth, and even Europe is considering joining the fight. Financial markets are reacting in ways we’ve never seen that both stocks and bonds are crashing together, which usually doesn’t happen in normal days. That kind of reaction means something much deeper is breaking.
But here’s the surprising part: these US tariffs aren’t backed by industries or economists. Almost everyone including business leaders, academics, financial markets—is against them. So why are they happening?
Turns out, this is part of a bigger plan
"this move Trump is insane and will lead to decline of US power around the globe " former US secterory of state John Mccuery
A New Strategy from the US
A paper by Stephen Miran, now an advisor to Trump, explains it. His argument: the US is tired of carrying the global economy and defending the world while other countries get ahead. Back in the 1960s, the US had 40% of the world’s GDP. Now it’s just 26%. Other countries can tweak their currencies to compete in trade—the US can’t because of the dollar’s global role.
So Miran suggests the US should use its military power and trade power together. If a country wants American protection, it also needs to support America’s trade position—especially against China.
“Countries inside the defense umbrella must also be inside the fair trade umbrella,” he writes. This is how the US plans to reshape the global order in its favor.
What Does This Mean for Pakistan?
For Pakistan, the message is clear: the days of easy bailouts and global hand-holding may be over. If the global system fractures, we could be forced to choose between the US and China—two powerful partners we’ve tried to balance between for years.
Our current economic model, based on borrowing, importing, and hoping exports catch up, is outdated. We need to rethink everything—from how we earn foreign exchange to how we build trade alliances.
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| Pakistan is stuck btw China & and US- chosing only one at the time |
A New World Is Coming
This isn’t just another crisis. It’s the beginning of a new world order. And in that world, old strategies won’t work. Pakistan must stop relying on rescue packages and start building resilience from within.
The global system that kept us afloat is fading. Are we ready for what’s next?
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| New World order is on it way |
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